At present, the mainstream price of ethylene oxide in the market is 9100 yuan / ton. The supply side is gradually relaxed, and the production and sales are temporarily stable.
In terms of upstream ethylene, the purchase sentiment was weakened, and the downstream PE pricing trend was bearish, resulting in the decline of ethylene price. Up to now, the external price of ethylene in Northeast Asia is 1160 US dollars / ton; The external price of ethylene in Southeast Asia is 1072 US dollars / ton; The quotation of domestic Jinshan Lianmao ethylene today is 8500 yuan / ton, which is 300 yuan / ton lower than that of the previous trading day.
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In the downstream, the terminal demand remained low and the purchase enthusiasm was not strong. However, under the pressure from the demand side, the monomer price continued to fall. The manufacturer’s shipment is poor, the dealers panic and sell out, and the actual transaction price in the market has fallen below 9500 yuan.
Market rumors say that prices will continue to decline tomorrow, waiting for the guidance of the latest market news.
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